NEWSMAKER-Geely's folksy Li known as China's Henry Ford

Newswire

(For a special report on the deal, click [ID:nSGE66F0CR])

By Doug Young

HONG KONG, July 22 (Reuters) - Li Shufu, dubbed the "Chinese Henry Ford", last week was named chairman of Volvo Cars ahead of the expected completion of his Geely Holding Group's takeover of the Swedish auto icon from Ford .

The $1.8 billion purchase -- plus an additional $900 million in investment -- was signed ...

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